Account Protector

[Enivid]

Good day -

Need help with settings. Not sure which one to select. I am using a prop firm so my % loss cannot be more than 4%. So that is one setting, the other setting is once I reach profit of $100.00, the EA will disable autotrading. So for the 4% and $100.00, which two conditions do I need to set?

Thanks so much!

4% of what?
$100 of realized profit, floating profit, or just any profit?

 

[chrissezhi]

4% of what?
$100 of realized profit, floating profit, or just any profit?

Thank you for your response:

$100 of floating profit

For the drawdown this is what they state:

Max Daily Drawdown 5%:
This is the daily loss in percentage (%) from the starting equity (including all floating losses & profits)

Max Overall Drawdown 10%:
The capital of your account cannot at any given time drop below the specified percentage of the initial account value.

 

[Enivid]

$100 of floating profit

There is the 'Floating profit rises to currency units' condition for that.

Max Daily Drawdown 5%:
This is the daily loss in percentage (%) from the starting equity (including all floating losses & profits)

This won't work in the current version of the Account Protector.

Max Overall Drawdown 10%:
The capital of your account cannot at any given time drop below the specified percentage of the initial account value.

The easiest would probably to set the 'Equity <= currency units' condition with the value corresponding to that 10% drawdown. For example, if you had a $100,000 initial account value, set this to 90000.